Hedonic estimates of agricultural landscape values in suburban areas
This paper analyses the relationship between housing prices and suburban agriculture zones endowments using the hedonic price methods. We use spatially referenced housing and land-use date to capture the effect of rural amenities around the house location in the area of Angers (France). Results indicate that put higher value on diversified landscapes rather than on unified ones. The proximity to vegetables, grasslands and vineyards do not have a significant impact on house prices while the proximity to forests has a positive impact. This impact differs following the shape of the forest.
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- David Brasington & D. Hite, .
"Demand for Environmental Quality: A Spatial Hedonic Analysis,"
Departmental Working Papers
2003-02, Department of Economics, Louisiana State University.
- Brasington, David M. & Hite, Diane, 2005. "Demand for environmental quality: a spatial hedonic analysis," Regional Science and Urban Economics, Elsevier, vol. 35(1), pages 57-82, January.
- Din, A. & Hoesli, M. & Bender, A., 2001.
"Environmental Variables and Real Estate Prices,"
2001.04, Ecole des Hautes Etudes Commerciales, Universite de Geneve-.
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